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Power Metal reports zinc indications in early work at South Ghanzi


Power Metal Resources PLC (LON:POW) said its joint venture at the South Ghanzi Project in the Kalahari copper belt has identified concentrations of zinc in soil samples.

Zinc is a recognised pathfinder element for the less mobile copper ions in the soil, Power Metal added, with elevated levels of zinc a potential indicator of shallow strata-bound copper mineralisation.

The samples have now been sent for specialist testing that detects metal dispersion from a buried orebody with assay results expected in the New Year.

Paul Johnson, chief executive, said he was delighted with the early findings, adding they were in very similar geological settings to other material copper/silver discoveries made in neighbouring projects in recent years.

Kavango Resources PLC(LON:KAV) is Power Metals’ partner in the project.

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